EXTENSION OF GOLD MINERALISATION AT BARLEE
The company is pleased to announce initial drilling results from the program, which commenced in late February 2010 at the Barlee Gold Project.
The results are from the first 7 holes of a 38 hole RC program to drill approximately 5,000 metres targeting extensions to mineralisation of various prospects. Additionally, 8,500 metres of RAB / Aircore drilling is also underway as part of this program to identify further RC drilling targets.
Significant RC results from the assays received include:
Halleys
3m @ 18.4 g/t Au (EOH-end of hole)
3m @ 27.3 g/t Au
4m @ 15.4 g/t Au
10m @ 3.5 g/t Au
8m @ 2.2 g/t Au
3m @ 3.9 g/t Au
Phil South
7m @ 9.2 g/t Au
9m @ 3.9 g/t Au
These further intercepts at Halleys West indicate a SW plunging mineralised structure which extends over 100 metres and is still open at depth. The depth of the 3m @ 27.7 g/t intercept also indicates a potential second structure extending from the main zone.
Further intersections of extension mineralisation at the Phil prospect also indicate that Phil South is still open at depth.
Further RC drilling on these extensions are planned in the current program.
Regional soil geochemical programme is continuing, and although only 30% complete, early results have outlined several gold-in-soil anomalies which require infill sampling prior to RAB drilling.
Should you have any questions in relation to the above matters, please contact the undersigned on telephone (08) 9476 9200.
For and on behalf of
BEACON MINERALS LIMITED
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